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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

METHANOL T2 FOB RDAM (ICIS) JUNE 2023 (NYMEX:QMT2.M23)

Strong Downtrend (-100) - QMT2.M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMT2.M23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMT2.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMT2.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QMT2.M23
Open High Low QMT2.M23 Price Change
373 373 373 373 0
Entry Signal

MarketClub’s Trade Triangles for QMT2.M23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMT2.M23

Based on our trend formula, QMT2.M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QMT2.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
373 373 373 373 0
Prev. Close Volume Bid Ask Time
373 0 2022-05-25 00:00:00
Volatility28.11Expiration2023-06-30
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